Iran and India will continue to lead the global ammonia market capacity growth, which is poised to increase from 241.9 million tons per year (tpy) in 2017 to 286.4 million tpy in 2026, says data…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Wednesday that scientific progress can help make the country less vulnerable to threats and pressure from the enemy that seeks…
The United States' initiative purportedly designed to bring stability to the Middle East by forming an Arab alliance is doomed not only because its strategies are at odds with efforts to address…
Iran's representative to the Third Committee of the United Nations says the UN human rights mechanisms are politicized and reek of double standards. Speaking at the meeting on the…
Foreign Ministry Spokesman Bahram Qasemi on Wednesday described the US’ fresh sanctions against banks and businesses as "psychological war" against the Iranian people. "This measure stems…
Iran insurance industry earned 183 trillion rials ($1.28 billion) from premiums during the first six months of the current Iranian fiscal (March-September). According to data released by the…
Tehran Stock Exchange’s main index gained 94.98 points or 0.05% on Wednesday to end trading at 182,929.1. About 3.79 billion shares valued at $91.2 million changed hands at TSE for the day.…
Over the past few days, Iran’s beleaguered auto industry has gone through some serious ups and downs: the SAIPA boss was removed and two powerful state bodies clashed over who should have…
The World Economic Forum’s “Global Competitiveness Report 2018-19”, published on Wednesday, shows Iran’s Global Competitiveness Index has dropped by one place compared to last year with a score…
More than 185,000 tons of commodities worth around $137 million were exported from the northern Golestan Province during the first half of the current Iranian year (March 21-Sept. 22), which…
Iran traded 956,662 tons of non-oil commodities worth close to $751.38 million with Russia during the first half of the current Iranian year (March 21-Sept. 22). This marks a 25.7%…
More than a decade has passed since the subway construction plan in Alborz Province, west of Tehran was announced. But no progress has been made and municipal bodies blame the delays on lack of…
The first electric motorcycle production line in Iran opened in Isfahan on Monday. After a short test phase, Kavir Motor started mass production of the electric bikes on Oct. 15, Donyaye Khodro…
Some 3.71 million tons of oil and non-oil commodities were exported from Iran via land borders during the first half of the current Iranian year from March 21 to Sept. 22, which shows a 17%…
First-time homebuyers have accounted for a 20% share of total home deals in the capital city Tehran, since the start of the third quarter of the current Iranian year (Sept. 23). The data…
Italian investment companies remain active in Iran, despite the unilateral US sanctions, says the head of Trade Promotion Section of the Italian Embassy in Iran.
Iran is the only producer of hydrographic maps in the Persian Gulf and Oman Sea region, the deputy head of Ports and Maritime Organization of Iran said. Hadi Haqshenas added that Iran is one of…
The first 20,000 ton methanol consignment produced by Marjan Petrochemical Company in the southern city of Asalouyeh in Bushehr Province was shipped from Pars Special Economic Energy Zone on the…
Iran has proved that it has great potential for investment given its abundant and untapped hydrocarbon resources and collaborating with oil majors can help it raise energy output.
Rhetoric from the United States that it wants to reduce Iran’s oil exports to zero is hot air and more akin to “political bluff”, the head of state-run National Iranian Oil Company said on…
Foreign companies have signed contracts to invest in small power production projects in Mazandaran Province, managing director of Mazandaran Regional Electricity Company said. Hossein Afzali…
OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group seeks to avoid the risk of US legal action for manipulating the…
Mangalore Refinery and Petrochemicals, a subsidiary of India’s Oil and Natural Gas Corporation, expects India to receive this month a waiver from the US sanctions on Iranian oil, Mangalore’s…
Oil prices ticked higher on Wednesday on expectations that US crude inventories are falling and signs that oil producers will stick to agreed output cuts that took effect this week.
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